Law Enforcement Group Backs CLARITY Act
The National Sheriffs’ Association has shifted to a neutral stance on the CLARITY Act ahead of a Senate vote, acknowledging legislative progress in crypto regulation. #Update #Crypto
Regulatory & Legal
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
Tether Faces Lawsuit Over Frozen Crypto Coins
Two Thai businessmen have sued @Tether for allegedly freezing $42.4M in $USDT linked to a pig butchering scheme, testing stablecoin issuer authority. #Breaking #Legal $USDT
CFTC Dismisses CME Crypto Futures Lawsuit
The US Commodity Futures Trading Commission (CFTC) has filed to dismiss the Chicago Mercantile Exchange’s lawsuit over crypto perpetual futures, claiming CME lacks standing and financial injury. #Update #Legal $BTC
SEC Approves WisdomTree Bitcoin Options
The SEC approved a Cboe Options Exchange rule amendment for options on the WisdomTree Bitcoin Fund, enhancing institutional trading tools without new spot ETF approval. #Update #Crypto $BTC
SEC Sets Tokenized Collateral Standards
The CFTC issued guidance for derivatives clearing organizations on handling tokenized collateral, focusing on risk controls for tokenized U.S. Treasuries as margin. #Update #Legal
Crypto Futures Dispute CFTC Seeks Dismissal
The Commodity Futures Trading Commission (CFTC) seeks dismissal of Chicago Mercantile Exchange’s lawsuit over crypto perpetual futures approval, citing lack of financial harm. #Update #Legal
SEC Issues New Digital Asset Rules
The SEC’s Division of Corporation Finance released updated staff guidance on digital asset custody reporting for public companies, focusing on risk disclosure and balance sheet treatment. #Update #Crypto
Driver’s License Leak Triggers KYC Backlash
Nexus claims to sell 153M U.S. and Canadian driver’s licenses on the dark web, sparking backlash against KYC; FBI investigates. #Breaking #Legal @FBI
Kraken Partners with SoFi to Revolutionize Banking
@Kraken joins @SoFi’s settlement network, listing SoFiUSD to bridge traditional banking with crypto markets. #Update #Crypto $USDC
CFTC Seeks Dismissal of CME Crypto Lawsuit
The U.S. Commodity Futures Trading Commission (CFTC) seeks to dismiss CME Group’s lawsuit over crypto perpetual futures, stating it lacks standing and claims are unfounded. #Update #Legal $CME
CFTC Moves to Dismiss CME Crypto Lawsuit
The CFTC requested a federal court to dismiss CME Group’s lawsuit regarding Kalshi’s bitcoin perpetual futures approval, asserting CME failed to prove competitive harm and can list similar products. #Update #Legal $BTC
WTI Crude Futures Seek CFTC Approval
@Kalshi is seeking CFTC approval for a never-expiring WTI crude oil perpetual futures contract, potentially the first of its kind on a regulated US platform. #Update #Crypto $WTI
CFTC Seeks Dismissal of CME Crypto Lawsuit
CFTC seeks dismissal of @CMEGroup lawsuit regarding crypto perpetual futures, asserting the dispute is trivial as the order permits listing by designated contract markets. #Update #Legal $BTC $ETH
Bitcoin Surges as G20 Backs Regulation
G20 finance ministers support clearer digital asset regulations, study stablecoin risks, and urge stronger anti-money laundering enforcement. #Update #Crypto